Thousands of Spaniards attend an anti-austerity demonstration in the capital Madrid, on June 16, 2013. Thousands of Spaniards have staged rallies across the country to express resentment against austerity measures, recession and the soaring rate of unemployment in the country. The protests took place on Sunday in 29 cities including the capital Madrid, the country’s... 

A woman holds her child as she begs outside shops displaying Christmas offers in central Athens. Almost 600,000 children in Greece are living below the poverty line, a UNICEF official says. “The situation is very worrying. The problems of poverty and social exclusion are increasing,” President of UNICEF in Greece, Lambros Kanellopoulos, said on Wednesday. Kanellopoulos... 

Demonstrators marching during a protest against austerity measures in Italy’s capital, Rome. Thousands of Italians have taken to the streets in the capital Rome to protest against tough austerity measures adopted by the government of Prime Minister Mario Monti. Thousands of anti-austerity demonstrators gathered in Rome’s Piazza della Repubblica on Saturday,... 

The euro zone economy is declining for six consecutive quarters. Nine of the 17 countries are in recession: Spain, France, Italy, Finland, Netherlands, Portugal, Cyprus, Greece and Slovenia. The austerity policy imposed by the troika and the German government of Angela Merkel is sinking Europe. Eurostat data was released on Wednesday (15th) and are relative... 

Israelis demonstrate against the cost of living in Tel Aviv. Protests have erupted in Israel as Premier Benjamin Netanyahu’s cabinet finalizes an annual budget that includes harsh austerity measures. Crowds of people gathered in a protest outside the weekly cabinet meeting in Jerusalem on Monday, where Netanyahu expressed hope that the disputed budget will... 

In order to deal with its economic problems and further develop, Europe needs to deregulate its market and cut bureaucracy, but it does exactly the opposite, Chris Clarke, from Nottingham Trent University Business School told RT. In Clarke’s opinion, Europe is not even making an attempt to do the right thing to turn-around its economic woes. RT: Greece is... 

Italy’s new Prime Minister Enrico Letta delivers his speech at the parliament in Rome on April 29, 2013. Italy’s new Prime Minister Enrico Letta says the coalition government will pursue growth policies to reverse an austerity drive which is killing Italy. The remarks were made on Monday during Letta’s inaugural speech to parliament. “Italy is... 

Giorgio Napolitano is reelected as Italy’s president. Giorgio Napolitano has been reelected as the president of Italy, after accepting an appeal by the country’s major political parties to stand for a second term. In their sixth round of voting, 1,007 Italian lawmakers and regional representatives voted for Napolitano, 87, on Saturday, putting an end... 

People protest against government austerity policies at Lisbon’s main square, Praca do Comercio, March 2, 2013. Portugal has announced a fresh round of spending cuts in order to obtain the approval of international lenders and secure additional funds for the debt-ridden country. The Portuguese government said on Thursday that it plans 800 million euros... 

A B-2A bomber releases a test version of the new B61-11 gravity bomb over the Tonopah Test Range in Nevada, November 20, 1996 The Pentagon and NATO’s multibillion-dollar war budgets are financed by massive economic austerity measures, impoverishing people in the US and NATO member-states in order to build advanced nuclear weaponry justified by the ‘Iran... 

Portuguese people protesting against austerity measures The economic crisis in Portugal is forcing an increasing number of people in the recession-mired eurozone country to turn to food banks for help. “We have more people asking for our help every year, the list is growing so fast that we had to do something that isn’t our policy: create a waiting list,”... 

A trade union representative gives a speech in Brussels, Belgium, against austerity policies on March 14, 2013. Thousands of Europeans have staged a rally near the European Union (EU) headquarters in Brussels to protest against anti-austerity measures. About 15,000 protesters and trade union representatives from Belgium, Britain, France, Germany and other European... 

Spaniards stand in line outside an unemployment office in Madrid. The Spanish Labor Ministry says the number of people who are officially registered as unemployed in Spain has surpassed a record five million. The ministry released the data on Monday, also announcing that the number of the people who registered for unemployment benefits increased by 59,444 or... 

Greek pensioners shout slogans during a march in central Athens to protest against the government’s austerity measures. Greek pensioners have demonstrated in Athens to protest against the government’s harsh austerity measures and highlight the consequences of the program on their life. On Thursday, hundreds of elderly braved the heavy rain in the capital... 

Millions of people have pressed for the resignation of Spanish Prime Minister Mariano Rajoy over accusations of political fund embezzlement. An online count on Thursday showed over a million people have signed a petition to oust the Spanish premier and accuse him of receiving thousands of euros in a corruption scandal that lasted for 12 years. “I demand...